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From: JakeStraw4/27/2017 12:15:31 PM
   of 8390
 
SiriusXM acquires connected car company Automatic for over $100M
techcrunch.com

SiriusXM emphasized the opportunity represented in the growing market of driving data, which is a business that automakers and the surrounding industry is increasingly trying to leverage into new revenue opportunities. Automatic has already been forming partnership with insurance providers, for instance, which value the driving data it collects and will offer subsidies to policy holders who use the device. SiriusXM has recently been exploring more of this market, with a new focus on safety products, turn-by-turn navigation and more connected car services.

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From: JakeStraw4/28/2017 11:32:12 AM
   of 8390
 
Berkshire Buys $250M In Sirius Tracking Stock
barrons.com

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To: JakeStraw who wrote (8383)5/15/2017 9:30:50 PM
From: MJ
   of 8390
 
Jake

Been awhile since I have looked at Siri.

What is your opinion on this buy and the tracking stock.

Traded it for a long time. No longer in Siri now.

Just looking around for a few possibilities.

Best to you

mj

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To: MJ who wrote (8384)5/16/2017 7:53:35 AM
From: JakeStraw
   of 8390
 
MJ, Right now I'm just following SIRI; I like their recent acquisition of Automatic as it broadens their services and that Berkshire is interested. It's definitely one to watch.

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From: JakeStraw5/18/2017 8:45:08 AM
   of 8390
 
Sirius XM Holdings Inc. is in talks to acquire Pandora Media Inc, according to a report from the New York Post.
benzinga.com

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From: Sr K6/9/2017 11:06:07 AM
2 Recommendations   of 8390
 
SiriusXM agreed 6/9/2017 to buy $480m of convertible preferred stock of Pandora (symbol P)

See the first paragraph here
finance.yahoo.com

Pandora (NYSE: P), the go-to music source for fans and artists, announced two important transactions at the conclusion of the strategic review the company disclosed on May 8, 2017. Driven by a focus on optimizing shareholder value, the company secured an agreement from SiriusXM to make a $480 million investment in the company and announced its sale of Ticketfly to Eventbrite for $200 million. In combination, these transactions arm the company with a strong balance sheet, sharpen operational focus, and strengthen the company’s board of directors.

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From: JakeStraw7/27/2017 8:18:53 AM
   of 8390
 
SiriusXM Reports Second Quarter 2017 Results
markets.siliconinvestor.com

Net income totaled $202 million in the second quarter 2017, up 16% from $175 million in the second quarter 2016. Net income per diluted common share grew 22% to $0.043 in the second quarter 2017, compared to $0.035 in the second quarter 2016. Adjusted EBITDA grew 12% in the second quarter 2017 to a record $522 million, compared to $468 million in the second quarter of 2016. Operating cash flow in the second quarter 2017 increased 12% to $483 million, compared to $432 million in the second quarter 2016. Free cash flow in the second quarter 2017 grew 6% to $417 million, compared to $395 million in the second quarter 2016.

"In the second quarter, SiriusXM continued its strong track record of execution, and demand for our premium content bundle pushed our listener base to an all-time high of more than 32 million paying subscribers. We are pleased to raise our full-year guidance for net self-pay subscriber additions, revenue, and adjusted EBITDA. We also made tremendous progress on strategic initiatives in the second quarter with the closing of our recapitalization of SiriusXM Canada, our acquisition of Automatic Labs, and our agreement to acquire a minority stake in Pandora Media," said Jim Meyer, Chief Executive Officer, SiriusXM.

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From: Sr K10/3/2017 5:12:46 PM
   of 8390
 
10% dividend increase, to $.011 per share.

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From: hollyhunter10/3/2017 7:29:06 PM
   of 8390
 
bullish cross in Stochastic oscillator and RSI stands at 55.03 level with positive bias. On watch for clear above $5.75.

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